275 & 295 Confluence Avenue

275 & 295 Confluence Avenue Durango, Colorado 81301 United States

This is a great investment opportunity to own two fourplex apartments (8 total units) in the heart of the Three Springs Community. These eight apartments are all currently rented. They offer two different floor plans with 896 square feet on the first floor and 928 square feet on the second floor. Each unit features two bedrooms, two full baths, a washer/dryer, appliances, fire sprinklers, and a private rear patio/deck. The units have been well maintained with new carpet and paint in between tenants, a perfect turn key investment. Additionally each unit is separately metered for gas and electric, and the both roofs were replaced in 2021. They are located in the Three Springs community just six miles east of downtown Durango. Three Springs features restaurants, a gym, offices, a convenience store, access to trails, Mercy Regional Medical Center, and more. There are a plethora of activities and events here as well as public transportation to downtown and just eight miles from Durango La Plata County Airport. Connected to the Grandview/Three Springs development area there is a large number of businesses providing conveniences to all of the residents.

Listing Courtesy of The Wells Group of Durango, Inc., CREN MLS